I have portfolio of Kalyan jewellers, welspun corp and Arvind for short term gains. But these stocks are hitting industry PE. For long term I have ujjivan bank and coal India.
Any suggestions for short term and long term?
NMDC
Any rational for the same?
The company is undergoing an overhaul. They have reset their focus on steel, recently have started a steel plant, some more iron mines planned. Apart from this ores/minerals they haven't yet mined would now be focused on, Gold, diamond, precious metals, foreign investments/mining. Got a new logo as well. Company is getting rejuvenated. Not just NMDC, many PSU companies are now cutting fat, making sizeable profits. Of this only NMDC is that diversified with its mining operations. So a safer long term investment. Short term uh right now everything is near ath. so yeah a long term trade decision
Hdfc for long term
HDFC had been consistently flat if looked yoy.
Yes, it's in consolidation phase just like ITC it will breakout soon
Titan, Pidilite, Astral for long term.
Where should I invest in the current market scenario? It may sound naive but I want suggestions for the stocks.
As of now I'm invested heavily in the railway sector for the short term because of the election hype (would eventually decre...
Market has been expensive of late. Which companies are you most bullish on in 5-7 years (Thought process - Might be expensive today but conviction of at least 3x from here in 5-7 years).
This was my last market update. I built a portfolio in real-time, explaining what I'm doing and why I'm doing it.
https://share.gvine.app/VaSwtbqJVzF384YRA
I have given a list stocks in the comment section where i want to build new...
Which stocks according to you are undervalued and why(Ind and US stocks)
For me - Meta, Weibo and alibaba are significantly undervalued.(All US listed)